OSL$HAFN
Hafnia Ltd · Q4 2024 earnings
Q4 2024 earnings · · Before market open · Investor relations
Briefing
Hafnia reported a decline in revenue and net profit in Q4 2024 due to market challenges.
Hafnia generated revenue of $352.8 million in Q4 2024, a decline from the previous year. Net income dropped to $79.6 million, impacted by lower tanker rates and increased crude sector competition. EPS for the quarter was $0.16. The company distributed $14.6 million in dividends and executed share buybacks, bringing total shareholder returns to 80% of net profit.
- Q4 2024 revenue declined to $352.8 million from $472.0 million in Q4 2023.
- Net income fell to $79.6 million, down from $176.4 million in Q4 2023.
- Adjusted EBITDA decreased to $131.2 million from $234.5 million last year.
- Free cash flow remained strong, supporting share buybacks and dividends.
Headline financials
Revenue & EPS history
Hafnia Ltd · Revenue · Quarterly
$353M
Forward guidance
Hafnia expects market volatility to continue in 2025, with geopolitical factors influencing global tanker demand. The company remains focused on capital efficiency and fleet modernization.
Tailwinds
- Strong global demand for tanker services expected in 2025.
- Fleet expansion with methanol-fueled vessels supports decarbonization goals.
- Strategic share buybacks enhance shareholder value.
- Expected rebound in tanker rates due to global oil trade shifts.
- Robust financial position with sustainable dividend policy.
Headwinds
- Continued pressure from crude tanker sector impacting rates.
- Market volatility due to geopolitical developments.
- Higher operating costs expected due to environmental regulations.
- Limited long-haul trades affecting voyage earnings.
- Potential supply chain disruptions impacting fleet operations.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 6 quarterly earnings reports · overlaid with Q4 2024
+0.6%
Avg return
Earnings day
-1.5%
Avg return
5 days after
+109.9%
Avg return
30 days after
75%
6 / 8 earnings
Positive
+5.3%
Q3 2024
Best reaction
-11.4%
Q4 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | — | — | — | |
| Q4 2025 | +2.6% | +3.8% | +900.6% | |
| Q3 2025 | -2.8% | -6.7% | -17.3% | |
| Q2 2025 | +3.7% | +5.0% | +6.7% | |
| Q1 2025 | +1.8% | +4.3% | +7.8% | |
| Q4 2024 | -11.4% | -15.8% | -14.2% | |
| Q3 2024 | +5.3% | -8.3% | -2.1% | |
| Q2 2024 | +4.2% | +1.8% | -3.9% | |
| Q1 2024 | +1.1% | +3.7% | +1.8% |
Discussion
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